Webster Financial Corporation (WBS) : Nitorum Capital scooped up 22,239 additional shares in Webster Financial Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 259,060 shares of Webster Financial Corporation which is valued at $12,326,075.Webster Financial Corporation makes up approximately 4.94% of Nitorum Capital’s portfolio.

Other Hedge Funds, Including , Crestline Management Lp added WBS to its portfolio by purchasing 13,000 company shares during the most recent quarter which is valued at $618,540. Webster Financial Corporation makes up approx 0.07% of Crestline Management Lp’s portfolio.Los Angeles Capital Management Equity Research Inc reduced its stake in WBS by selling 33,659 shares or 83.25% in the most recent quarter. The Hedge Fund company now holds 6,771 shares of WBS which is valued at $296,502. Mendon Capital Advisors Corp sold out all of its stake in WBS during the most recent quarter. The investment firm sold 100,000 shares of WBS which is valued $4,008,000.Mesirow Financial Investment Management – Equity Management reduced its stake in WBS by selling 18,730 shares or 3.92% in the most recent quarter. The Hedge Fund company now holds 458,695 shares of WBS which is valued at $18,531,278. Webster Financial Corporation makes up approx 1.13% of Mesirow Financial Investment Management – Equity Management’s portfolio. World Asset Management Inc added WBS to its portfolio by purchasing 5,960 company shares during the most recent quarter which is valued at $240,784. Webster Financial Corporation makes up approx 0.01% of World Asset Management Inc’s portfolio.

Webster Financial Corporation opened for trading at $47.03 and hit $47.32 on the upside on Monday, eventually ending the session at $47.04, with a gain of 0.13% or 0.06 points. The heightened volatility saw the trading volume jump to 10,51,614 shares. Company has a market cap of $4,315 M.

On the company’s financial health, Webster Financial Corporation reported $0.54 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Oct 21, 2016. Analyst had a consensus of $0.53. The company had revenue of $246.60 million for the quarter, compared to analysts expectations of $244.06 million. The company’s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.54 EPS.

Many Wall Street Analysts have commented on Webster Financial Corporation. Webster Financial Corporation was Downgraded by Piper Jaffray to ” Underweight” on Nov 16, 2016. Webster Financial Corporation was Downgraded by Wells Fargo to ” Market Perform” on Nov 14, 2016. Company shares were Reiterated by FBR & Co. on Oct 24, 2016 to “Mkt Perform”, Firm has raised the Price Target to $ 38 from a previous price target of $36 .